Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: T

TRUST EXECUTORY

a trust that needs action by the originator for it to become fully effective and meaningful.

THEORY OF CASE

These are the facts that a law suit will be founded on and forms the basis of a right to sue.

TENANT-OWNER

a person who owns shares in and possessed property in cooperative apartment block or a condominium.

TERRITORIAL WATERS

the term that is applied to the seas that extend from the coast of a state that it has a jurisdiction over.

TEMPORARY RESTRAINING ORDER

1. The preliminary or temporary injunction before a final decision. 2. An order by a judge for a person to stop an action. See restraining order.

TRUST LEGACY

This term describes the legacy to a trustee that is to held for certain beneficiaries.

TOMBSTONE AD

the term that applies to the public announcement of purchase or the sale of securities in a corporation.

TRUSTEE EX MALEFICIO

a Latin phrase that is given to a trustee who acts wrongly in the administration of his duties and is held liable.

THINGS REAL

These are the things that are immovable and fixed such as buildings and land.

THIRD PARTY

1. A person not connected to a contract but may be affected by its outcome. 2. A person other than the defendant and the plaintiff that is brought into a case.

TITLE RETENTION

the lien or the mortgage that is used to secure the purchase price of a property.

TRAVERSE SPECIAL

the qualified and denial of charges that is accompanied with additional facts that tend to prove the charges wrong.

TIME-SHARING

a situation where a few people all share the costs of a property and is entitled to use it a certain time.

TRIED

the term that means having had a trial heard by a court.

TENANT IN SEVERALTY

a person who possesses property in his own right and is the opposite of a joint tenant. See tenant, sole.

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